world news

The S&P is setting up to benefit traders — and stymie long-term investors

The S&P 500 may be headed for a long, slow sideways pattern, and that's good for traders, according to Daryl Guppy.




world news

Despite the pullback, analysis shows oil is still headed higher

The NYMEX oil price has pulled back sharply, but the chart suggests it's not a change of the overall uptrend, according to Daryl Guppy.




world news

The dollar is set to be on the rebound, expect a potentially fast rally

The key question now is about the strength of the pullback for the dollar, and the potential to develop a new rebound rally, according to Daryl Guppy.




world news

Gold is clearly trending down

There are two downside targets for gold, according to Daryl Guppy.




world news

The Dow has lost its momentum

The Dow does not like what it sees as trade tensions rise, according to Daryl Guppy.




world news

Never mind the pullback, technical analysis shows oil is headed for a rebound

The pullback in oil prices takes place within the environment of a well-established uptrend, writes Daryl Guppy.




world news

Why some traders are seeing promise in Shanghai stocks

Aggressive traders are starting to enter the Shanghai market in anticipation of a trend change, writes Daryl Guppy.




world news

Traders are carefully watching for gold's next move

The strongest historical support level for gold is near $1,210 and traders will prepare for a potential rebound from there, writes Daryl Guppy.




world news

Talk of a tech crash is unjustified. Here's why

There are three defining features on the Nasdaq Composite chart. All of them suggest that talk of a tech crash is unjustified, writes Daryl Guppy.




world news

What to watch in Australia's market-currency contradiction

The market contradiction with the Australian dollar persists, writes Daryl Guppy.




world news

Oil's uptrend remains intact

Oil's price hasn't rebounded, but many features of the commodity's performance suggest the bear is not in command of this market, Daryl Guppy writes.




world news

The dollar's strength appears unabated

The breakout in the U.S. dollar appears to have slowed. Technical features suggest, however, that it is easy for the dollar to develop more upside, Daryl Guppy writes.




world news

Analysis suggests Hong Kong's market is set to decline

Hong Kong's Hang Seng Index is poised for a continuation of its downtrend — with a downside target near 25,200, Daryl Guppy writes.




world news

Australia's currency decline is collateral damage in Trump's trade war

There was a contradiction when Australia's stock market was making new 10-year highs but the currency was posting significant lows. A big question has now been answered, Daryl Guppy writes.




world news

Gold may be set for a fall to $1,130

Gold's consolidation over the past few weeks has triggered short covering, but it has not encouraged new long positions, Daryl Guppy writes.




world news

The Nikkei and the Dow are joined at the hip

The Nikkei and the Dow may be joined at the hip when it comes to behavior, but the Nikkei is moving faster, according to Daryl Guppy.




world news

Oil uptrend continues and could reach $87

All the support features and the trend strength continue to suggest that oil price is experiencing a temporary retreat, but the longer term trading band target is near $87, according to Daryl Guppy.




world news

UFC President Dana White on coronavirus impact on sports

UFC President Dana White joins "Closing Bell" to talk about the latest developments in the business.




world news

UFC President Dana White says sports can resume but will 'lose a lot of money'

Ultimate Fighting Championship President Dana White said Tuesday he believes many sports leagues could resume competition but it would come at a price.




world news

Here's how Gap plans to reopen its stores

Your shopping experience at Gap could temporarily change. CNBC's Courtney Reagan reports the details on how Gap will reopen its stores across the country.




world news

Josh Brown on why he picks Lowe's, Home Depot as his Last Chance Trade

Josh Brown, Ritholtz Wealth Management CEO, joins "Closing Bell" to discuss why he picks Lowe's and Home Depot as last chance trade.




world news

Lyft beats on earnings and revenue

CNBC's Deirdre Bosa reports quarterly earnings from Lyft.




world news

T-Mobile CEO on Q1 earnings

Mike Sievert, T-Mobile CEO, joins "Closing Bell" to discuss earnings and his company's business.




world news

Lyft surges on revenue beat

Brent Thill, managing senior analyst at Jeffries and Rohit Kulkarni, analyst at MKM Capital, join "Closing Bell" to discuss markets.




world news

Google tells employees they cannot expense food, other perks from home

CNBC's Deirdre Bosa reports that Google has put the brakes on perks for employees working from home.




world news

Richmond Fed President: Negative rates not worth a try here

Richmond Fed President Tom Barkin joins 'Closing Bell' to discuss how soon the U.S. could reopen the economy and the recent unemployment data.




world news

Box CEO on launching new layout

Aaron Levie, Box CEO, joins "Closing Bell" to talk about the company's new layout.




world news

Stephanie Link on PayPal

Stephanie Link, CNBC Contributor, joins "Closing Bell" to discuss markets.




world news

Uber Q1 net losses $2.9B adj vs. $1.4B estimated

CNBC's Deirdre Bosa reports quarterly earnings from Uber.




world news

Zillow beats revenue $1.1B adj. vs. $1.06B estimated

CNBC's Diana Olick reports quarterly earnings from Zillow.




world news

Wedbush's Ygal Arounian on Uber earnings: Top line numbers weren't that bad

Tom White, D.A. Davidson analyst and Ygal Arounian, Wedbush Securities, join "Closing Bell" to talk about markets.




world news

Dropbox CEO: We've seen more demand, engagement up

Drew Houston, Dropbox CEO, joins "Closing Bell" to discuss his business.




world news

Jack Lew: The best we're going to do is a slow recovery

Jack Lew, Former U.S. Treasury Secretary, joins "Closing Bell" to talk about the coronavirus pandemic.




world news

Apple to start reopening stores in US next week—Here's where

Apple will reopen some of its stores in Idaho, South Carolina, Alabama and Alaska. CNBC's Josh Lipton reports on safety measures the company will be taking.




world news

11 attorneys general sound alarm about meat industry

A group of state AGs are raising concerns about the meat industry. CNBC's Ylan Mui reports.




world news

Credit Suisse's Michael Binetti on economic recovery

Michael Binetti, Credit Suisse Analyst, joins "Closing Bell" to discuss markets.




world news

Tesla hasn't received permission to resume production in Bay Area—Reuters

CNBC's Phil LeBeau reports the latest news on Tesla.




world news

Nancy Tengler on Uber and the markets

Nancy Tengler, Laffer Tengler Investments CIO, joins "Closing Bell" to discuss markets and unemployment.




world news

This is a classic bear-market bounce: Cantor Fitzgerald's Peter Cecchini

Peter Cecchini, Cantor Fitzgerald global chief market strategist, joins "Closing Bell" to discuss markets.




world news

Richard Trumka: If people don't feel safe, they won't return to work

Richard Trumka, President of the AFL-CIO, joins "Closing Bell" to discuss reopening the economy.




world news

Hostess Brands CEO on coronavirus impact and the food supply chain

Andy Callahan, Hostess Brands CEO, joins "Closing Bell" to discuss the company's earnings.




world news

Parents asking if it's safe to open summer camps

Jonathan Gold, CEO of Arbor Group of Day Camps, and Ruben Arquilevich, VP of the Union of Reform Judaism Camps, join "Closing Bell" to discuss their decisions on summer camps.




world news

Victoria Falls dries to a trickle after worst drought in a century

One of southern Africa’s biggest tourist attractions has seen an unprecedented decline this dry season, fuelling climate change fears

For decades Victoria Falls, where southern Africa’s Zambezi river cascades down 100 metres into a gash in the earth, have drawn millions of holidaymakers to Zimbabwe and Zambia for their stunning views.

But the worst drought in a century has slowed the waterfalls to a trickle, fuelling fears that climate change could kill one of the region’s biggest tourist attractions.

Related: Zimbabwe on verge of 'manmade starvation', warns UN envoy

Continue reading...




world news

Worst drought in a century shrinks Victoria Falls to a trickle – video

Victoria Falls, on the border of Zimbabwe and Zambia, has slowed down to a trickle after an unprecedented decline in water levels, officials have said. Data from the Zambezi River authority showed water flow at its lowest since 1995, and well under the long-term average. 

The Zambian president, Edgar Lungu, said it was a stark reminder of what climate change is doing to the environment, yet some scientists are cautious about categorically blaming the climate crisis. Harald Kling, a hydrologist at engineering firm Pöyry and a Zambezi River expert, said climate science dealt in decades, not particular years, 'so it’s sometimes difficult to say: this is because of climate change because droughts have always occurred'

Continue reading...




world news

John Greenacre obituary

My cousin John Greenacre, who has died aged 85, was a renowned teacher. He was totally committed to Peterhouse school, near Marondera, Zimbabwe, where he recorded 56 years of service. He taught maths and coached tennis and cricket. He also led safaris to the Kalahari desert and Chimanimani national park.

Although John was born in Putney, south-west London, his family had long been based in Durban, South Africa. It was there that his father, Kenneth – an RAF pilot during the second world war – was director of the family department store, Greenacre’s. His mother, Elizabeth (nee Brett), was a devoted wife and mother.

Continue reading...




world news

Harare's heroine: how Esther Zinyoro made her home a maternity ward

As a doctors’ and nurses’ strike paralyses Zimbabwe’s health system, one woman has delivered 100 babies in her flat

•Photographs by Cynthia R Matonhodze

Six expectant mothers groan through their labour pains in the lounge of a tiny two-roomed apartment in Mbare, Zimbabwe’s oldest township.

Sweating and visibly in pain, a heavily pregnant woman peeps through the window to catch a breath while others lie on the floor.

Continue reading...




world news

Wife of Zimbabwe vice-president accused of trying to kill him

Marry Chiwenga accused of disconnecting Constantino Chiwenga’s life support machine

The wife of Zimbabwe’s vice-president, Constantino Chiwenga, has been accused of attempting to kill him by disconnecting his life support while he was undergoing treatment in hospital this year.

Marry Chiwenga, née Mubaiwa, was arrested at the weekend and appeared at Harare’s magistrates court on Monday where she was remanded in custody.

Continue reading...




world news

I’m home for Christmas – but hardship has sucked the spirit out of Zimbabwe

After years in exile, my hopes for a joyous family reunion were dashed by the country’s miserable economic situation

My brothers and I leapt out of bed at the first glimmer of dawn on Christmas morning – and there they were. Every Christmas of my childhood that I can remember, the shiny black school shoes were neatly lined up by the door. A new pair for all of us. Then came the new clothes proudly presented by my parents – the fruit of long hours of labour. And then, in our new finery, off we went to church. The long sunny hours of Christmas Day, usually with a brief but refreshing afternoon thunderstorm, were spent at huge family gatherings, feasting on chicken and rice, washed down with an array of brightly-coloured soft drinks – cherry plum, cream soda and Fanta orange.

As the years went by and independence came to Zimbabwe, many things changed. But Christmas traditions remained much the same, with big gatherings to which people travelled many miles, new clothes, lots to eat and drink.

When I arrived in mid-December, the tales of hardship were heart-breaking. There’d be no gifts for children this year.

Continue reading...




world news

Home Office faces legal cases over Zimbabwean asylum seekers

Legality of allowing Harare officials to interview those awaiting removal questioned

The Home Office faces a series of legal challenges over its decision to allow Zimbabwean government officials to interview people from the country who are seeking asylum in the UK.

The government was criticised earlier this year for working with the Zimbabwean state to accelerate the removal of asylum seekers after Robert Mugabe was forced from power, despite continuing human rights abuses in the country.

Related: Home Office criticised for accelerating removals to Zimbabwe

Continue reading...




world news

This Mournable Body by Tsitsi Dangarembga review – life on the precipice

A woman’s descent into poverty provides a powerful finale to the Zimbabwean author’s trilogy

“You want nothing more than to break away from the implacable terror of every day you spend in your country – where you can no longer afford the odd dab of peanut butter to liven up the vegetables from Mai Manyanga’s garden.” This is the voice of Tambu, first encountered in the Zimbabwean writer Tsitsi Dangarembga’s much-praised 1988 book Nervous Conditions, a passionate, first-person account of a 1960s Rhodesian childhood scarred by the war of independence.

Now, in the final instalment in the trilogy, Tambu is middle aged and writing in an appropriately distanced second person. Dangarembga sets herself the challenge of writing about how alienated personhood becomes when life stories lose hope and in a country where effort is no longer followed by reward.

Continue reading...